Her Company purchased 22,000 common shares (20%) of Him Inc. on January 1 Year 4 for $374,000. Additional information on Him for the three years ending December 31, Year 6, is as follows:
Year Net income Dividend paid Market Value per Share at December 31
year 1 $220,000 $165,000 $18
year 2 247,500 176,000 20
year 3 264,000 192,500 23

On December 31, Year 6, Her sold its invenstment in Him for $506,000.
Required
(a) Compute the balance in the investment account at the end of Year 5, assuming that the investment is classified as one of the following:
(i) FVTPL